Flowserve Corporation Reports Full Year and Fourth Quarter 2011 Results
Monday, February 27, 2012
Flowserve Corp. announced financial results for the full
year and fourth quarter in its 2011 Annual Report on Form 10-K filed with the SEC.
The company had bookings of $4.66 billion, up 10.2%, or 6.7%
excluding positive currency effects of $149 million, reflecting solid short
cycle original equipment activity and increased aftermarket activity.
Flowserve sales of $4.51 billion were up 11.9%, or 8.3%
excluding positive currency effects of $144 million, driven by increased short
cycle original equipment sales and strong aftermarket sales. More...